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20121227
20121227
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or not continue, he has had it. in his unheated garage, 85-year-old garcia is working to fix the fiscal cliff, one can at a time. how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a hand-written ledger. the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense something garcia's wife of 59 years thinks her husband could use. do you think he's crazy? >> loco? >> reporter: call him crazy, but there is an entire federal office, the bureau of public debt, that collects money from hundreds of mr. garcias. this office in parkersburg, west virginia, was set up by president kennedy, so citizens could pay down the national debt. this year alone, it's collected $7.7 million in gifts, about $90 million since it was established. but $90 million isn't that much, especially when you consider the federal deficit is $1
of its annual gun buy- back program and teresa garcia has more from los angeles. >> reporter: cars lined up for blocks around the los angeles sports arena as people waited to turn in their weapons. >> these are grade a assault rifles in this bin. this is what we get. >> reporter: it's a anonymous no questions asked policy, handguns and rifles exchanged for $100 grocery store gift cards, automatic weapons get $200. >> with the vouchers that we are going to get, we are going to give them to needy families for food and whatever. so it's good all the way around. >> reporter: the buy-back program usually happens in may but the mayor said it was a critical to act now after the massacre at a connecticut elementary school this month. >> this is an opportunity for people to get involved and do what they want to do. they wantget guns out of their homes. >> reporter: police will check every gun collected in these bins. now, if any of these weapons are stolen, they will be returned to their rightful owners. otherwise, they will be melted down for scrap. critics charge most of the weapons turned in a
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